Gas prices set to get lower in the coming months

Text Mark Taylor
Photo Brett Jordan / Unsplash

The cost of both fixed and variable rate gas tariffs are set to get lower in the coming months. Both Eesti Energia and 220 Energia have already announced price reductions of around 30 per cent on their fixed tariffs. At the same time, variable tariffs from Alexela, Eesti Energia and 220 Energia are also set to reduce by more than 35 per cent from November.

Eesti Energia and 220 Energia (currently the only energy companies offering fixed-rate tariffs) have already announced reductions in the price of their fixed-rate tariffs. Eesti Energia has reduced its fixed rate package from 4.14 euros to 3.12 euros per cubic metre. Similarly, 220 Energia has reduced its fixed-rate package from 4.20 euros to 2.95 euros per cubic metre – a reduction of around 30 per cent.

Eesti Gaas has suspended its sale of fixed-rate gas packages.

Variable/flexible gas packages are also set to get lower in the coming months. Eesti Energia has published that the price of its flexible package will lower from 4.14 euros per cubic metre in October to 2.98 euros in November.

220 Energia have announced a similar reduction, down from 4.55 euros per cubic metre in October to 2.85 euros in November. 

Alexela has already reduced its variable gas price to 2.89 euros per cubic metre, down from 4.59 euros previously – a reduction of more than 37 per cent.

Eesti Gaas has not yet announced any changes to its flexible-rate gas price, which currently sits at 4.1 euros per cubic metre.

Source ERR 

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